1-3/28 Barnes Avenue, MARLESTON SA

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1-3/28 Barnes Avenue, MARLESTON

Sold For $720,000

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3
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For Sale

Property Details

Property Type BlockOfUnits

Land 743m²

UNDER CONTRACT

3 Units, 3 Titles, 1 Block = Unique Opportunity
Offers now closing 9am Wednesday 8th November.

This set of 3x units all in a line on separate titles offers a unique opportunity for the savvy buyer. All currently tenanted, there is a steady stream of income whilst you decide your next move. Zoned for further development (stcc) you can invest, develop or further enhance to suit (STCC). You are a few steps from local amenities, public transport & a short drive to the cbd & beach.

The facts
• Impressive & rare opportunity to own small group with a high rental yield
• Classic c.1969 built solid brick units
• All 2 bedroom 1 bathroom with private rear yards
• Car parking and 2x sheds at rear
• Multi tenancies, all periodic @ $260 p/w (total gross rental return $780 per week)
• Zoned Residential Policy Area 19, within 400m of a centre zone
• Invest, enhance or develop (stcc)
• 16.76m x 44.37m = 743sqm (approx)
• Located central to cbd, beach and transport

The figures
Gross rates
Council $682.24 per quarter
SA water supple $219.30 per quarter
Sewer supply $235.50 per quarter
Land holding 743sqm approx
Council: City of West Torrens
Zone: Residential Policy Area 19, within 400m of a centre zone

Contact Justin Peters of LJ Hooker on 0423 341 797 or email [email protected]

Property Brochures

  • RLA 242629
  • Property ID A2ZHDM

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Property Details

Property Type BlockOfUnits

Land 743m²

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Justin Peters

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